Sprott Physical Gold Trust (NYSEARCA:PHYS) Shares Bought by Essex Financial Services Inc.

Essex Financial Services Inc. raised its stake in Sprott Physical Gold Trust (NYSEARCA:PHYS) by 17.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 92,775 shares of the exchange traded fund’s stock after acquiring an additional 13,476 shares during the quarter. Essex Financial Services Inc.’s holdings in Sprott Physical Gold Trust were worth $1,097,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Sigma Planning Corp increased its position in shares of Sprott Physical Gold Trust by 10.8% in the third quarter. Sigma Planning Corp now owns 33,904 shares of the exchange traded fund’s stock valued at $401,000 after buying an additional 3,315 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of Sprott Physical Gold Trust by 3.5% in the third quarter. Commonwealth Equity Services LLC now owns 1,131,763 shares of the exchange traded fund’s stock valued at $13,377,000 after buying an additional 37,806 shares in the last quarter. BB&T Securities LLC increased its position in shares of Sprott Physical Gold Trust by 24.6% in the third quarter. BB&T Securities LLC now owns 13,709 shares of the exchange traded fund’s stock valued at $163,000 after buying an additional 2,709 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Sprott Physical Gold Trust by 48.3% in the third quarter. Janney Montgomery Scott LLC now owns 411,630 shares of the exchange traded fund’s stock valued at $4,865,000 after buying an additional 134,043 shares in the last quarter. Finally, Raymond James Trust N.A. increased its position in shares of Sprott Physical Gold Trust by 4.3% in the third quarter. Raymond James Trust N.A. now owns 24,130 shares of the exchange traded fund’s stock valued at $285,000 after buying an additional 1,000 shares in the last quarter.

Shares of Sprott Physical Gold Trust stock traded down $0.06 on Friday, reaching $11.73. The company’s stock had a trading volume of 1,122,400 shares, compared to its average volume of 663,347. Sprott Physical Gold Trust has a 52-week low of $9.56 and a 52-week high of $12.49. The stock has a 50-day moving average price of $12.03 and a 200-day moving average price of $11.39.

Sprott Physical Gold Trust Profile

Sprott Physical Gold Trust is a closed end investment trust, which engages in the investments and holding substantially all of its assets in physical gold bullion. Its objective is to provides a secure, convenient, and exchange-traded investment alternative for investors. The company was founded on August 28, 2009 and is headquartered in Toronto, Canada.

Featured Article: Stocks Increasing Dividends

Institutional Ownership by Quarter for Sprott Physical Gold Trust (NYSEARCA:PHYS)

Receive News & Ratings for Sprott Physical Gold Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott Physical Gold Trust and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply